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Intro You have a bond with a modified duration of 14 years currently. The convexity of the bond is 127 . Part 1 Attempt 4/5

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Intro You have a bond with a modified duration of 14 years currently. The convexity of the bond is 127 . Part 1 Attempt 4/5 for 2 pts. In the event that the bond's yield changes from 8.4% to 9.6%, what will be the approximate percentage change in the bond's price? Enter your answer as a decimal number or with the percentage sign

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